- Mow predicts Bitcoin’s $1 million value within the year.
- Market corrections are due to overpriced altcoins like XRP and Solana.
- Bitcoin remains undervalued with growing institutional interest and strategic reserves driving demand.
Bitcoin’s future price has been a topic of debate among crypto enthusiasts and financial experts alike. While price fluctuations can be unpredictable in the short term, many view Bitcoin as a long-term store of value, much like gold. Many investors are betting on Bitcoin’s future value as a hedge against inflation, with a focus on the rising demand for Bitcoin reserves.
CEO of Jan3 and founder of Pixelmatic, Samson Mow is confidently predicting that Bitcoin could reach a remarkable $1 million per coin, and he believes it could happen as soon as this year. “It’s going to be this year,” Mow said, pointing to Bitcoin’s past performance. While some argue that Bitcoin might face diminishing returns, Mow dismisses this idea, explaining that Bitcoin is unlike traditional assets—there’s no upper bound to its potential.
Related: Bitcoin Cash-Out, Ethereum Inflows: What ETF Movements Reveal About the Crypto Market
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